Quantum

Ware Range

Uranium-Gold-Base Metals

The Ware Range project contains the Gardner Sandstone, which unconformably overlies Archaean rocks and is considered prospective for unconformity-style uranium mineralisation. The tenement package was acquired as a result of geological similarities with the Gardner Range unconformity uranium concept.  

In addition to unconformity-style uranium mineralisation, calcrete has been mapped in a drainage system that overlies the unconformity between the Gardner Sandstone and the Helena Creek Beds. Calcrete represents an attractive uranium target with well known examples in WA (eg Yeelirrie, Lake Maitland) and Namibia (Langer-Heindrich) highlighting the potential for this style of mineralisation. 

Quantum Resources intends to undertake a drilling program to investigate the potential of the calcrete channel to host uranium mineralisation. A RadonXTM survey completed within the drainage in September 2009 defined several anomalous responses that the Company also intends to drill test. In addition to the drilling program, the Company intends to undertake reconnaissance geological mapping, spectrometer surveying and MMI soil sampling over several previously identified airborne radiometric features.

AAPA Certificate 

In November 2010 the Company applied for an Aboriginal Areas Protection Authority (AAPA) Certificate under the Native Title Act.  The Certificate was received during June 2011 with no restricted areas identified. A Mining Management Plan for the drilling was approved by the NT Department of Resources.

The Company has now received all the approvals needed to begin drilling to investigate the potential of the calcrete channel to host uranium mineralisation. Field visits to plan the drill site location and drilling rig access have been delayed due to a late and intense wet season.

To simplify the logistics the current plan is to drill both Ware Range and Gardner at the same time given their proximity to each other. This work will be undertaken once ground access is confirmed and a suitable drill rig is found. The drilling will be undertaken in parallel with a program of mapping and soil geochemistry sampling targeting hard rock mineralisation.

• 30 April 2013 QUR Quarterly Mar 2013 with PL comments > Read more

• 7 March 2013 Report for the Half-Year ended 31 December 2012 > Read more

• 31 January 2013 Quarterly Activity Statement December 2012 > Read more

• 30 October 2012 Annual Report to Shareholder 2012 > Read more

• 19 October 2012 Notice of Annual General Meeting 2012 > Read more

• 31 July 2012 Quarterly Report - June 2012 > Read more

• 1 May 2012 Appendix 3Z - Final Director > Read more

• 1 May 2012 Appendix 3X - Initial Director > Read more

• 1 May 2012 Appointment and Resignation of Directors - April 2012 > Read more

• 1 May 2012 QUR Quarterly Report - March 2012 > Read more